Which of the Following Was Found by Studies of What

question 122

Multiple Choice

Which of the following was found by studies of what men and women find attractive?

• A) Women find dark-haired men less attractive than blond or fair-haired men.
• B) Women find shy men more attractive than outgoing men.
• C) Men find outgoing women more attractive than shy women.
• D) Men prefer women who have larger breasts.

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Definitions:

Homothetic Preferences

Preferences where if a consumer prefers a bundle of goods A to B, they will also prefer a scaled-up version of A to the same scale-up of B, maintaining the same proportions.

Marginal Rate of Substitution

How quickly a consumer agrees to trade one good for another, aiming to keep their level of pleasure steady.

Edgeworth Box

A diagram used in economics to show the distribution of resources, illustrating how different mixes of goods can lead to an optimal allocation.

Competitive Equilibrium

A state in a competitive market where supply equals demand, and the market clears at a price where no participant has an incentive to change their behavior.